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Oscar Financing leases airplanes to airline companies. Oscar has just signed a 2 0 - year lease agreement that requires annual year - end lease

Oscar Financing leases airplanes to airline companies. Oscar has just signed a 20-year lease agreement that requires annual year-end lease payments of $1,300,000. What is the present value of the lease using a 10% interest rate? (Use factor amounts rounded to three decimal places,
X.XXX. Round your final answer to the nearest dollar.)
EE(Click the icon to view Present Value of $1 table.)EE(Click the icon to view Present Value of Ordinary Annuity of $1 table.)
A. $1,937,000
B. $110,682,000
C. $193,700
D. $11,068,200
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